Use My Documents Needed to Determine Child Support Income (Complex Cases)
November 2020
This article is an extensive list of tax and financial documents that should be requested from potential payers of child and spousal support to allow determination of their income. While the requirements are simple for employed individuals, consisting primarily of three years of tax returns and Notices of Assessment from the Canada Revenue Agency, along with a recent pay stub, the needs are much more complex for self-employed individuals.
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Blair Corkum, CPA, CA, R.F.P., CFP, CFDS, CLU, CHS holds his Chartered Professional Accountant, Chartered Accountant, Registered Financial Planner, Chartered Financial Divorce Specialist as well as several other financial planning related designations. Blair offers hourly based fee-only personal financial planning, holds no investment or insurance licenses, and receives no commissions or referral fees. This publication should not be construed as legal or investment advice. It is neither a definitive analysis of the law nor a substitute for professional advice which you should obtain before acting on information in this article. Information may change as a result of legislation or regulations issued after this article was written.©Blair Corkum